What Are the Most Common Crypto Investment Mistakes

Thread starter Nomad
Start date Today at 8:18 AM

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Nomad

Well-known member

PCFer

PCF Member

Today at 8:18 AM

According to Bank for International Settlements, around 73-81 percent of retail cryptocurrency app users and up to 90-95 percent of short-term day traders lose money on their investments. Many people lose money in cryptocurrency because they believe it’s a “get rich quick” scheme, which it isn’t. Impatience and investing in the wrong coins at the wrong time also cause losses. What do you think are common investing mistakes?